Quarterly Activities Report
Brisbane, Oct 30, 2023 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (DML:FRA) (SYAXF:OTCMKTS) continues to ramp-up of operations at North American Lithium (NAL), resulting in a quarterly record for spodumene concentrate production of 31,486 dry metric tonnes.
Completion of maiden shipments of spodumene concentrate by NAL to customers, with three vessels departing port during the quarter.
Advanced major capital projects at NAL, including the Crushed Ore Dome and Tailings Storage Facility 1 designed to stabilise plant utilisation and support higher throughput.
Moblan drill results announced in July 2023 showed a significant expansion to the project footprint, with a 750m eastern extension to the flat lying South Pegmatite system. The 60,000 metre exploration drilling program for calendar 2023 has now been completed.
Substantial progress made on the NAL drill program aimed at inpit resource conversion and associated exploration drilling program - results pending.
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About Sayona Mining Limited
Sayona Mining Limited (ASX:SYA) (OTCMKTS:SYAXF) is a North American lithium producer with projects in Quebec, Canada and Western Australia. In Quebec, Sayona's assets comprise North American Lithium together with the Authier Lithium Project and its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (ASX:PLL). Sayona also holds a 60% stake in the Moblan Lithium Project in northern Quebec.
In Western Australia, the Company holds a large tenement portfolio in the Pilbara region
prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects include Company-owned leases and those subject to a joint venture with Morella Corporation (ASX:1MC).
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